News / International

Iran Hints At possible Meeting of Minds with Saudi Over OPEC

Iran’s Minister of Petroleum Bijan Zangeneh says he may meet his Saudi counterpart Ali al-Naimi at the next OPEC meeting in Vienna.

Bahrain Hails British Role in Petroleum Development

The growth of the oil industry in Bahrain was highlighted at a Bahrain British Business Forum (BBBF) networking event.

UAE Leading the Way at Green Economy Conference

The financing and investing in green economy projects was the focus of the sixth Green Economy Annual Conference, which was held today (May 25) in Dubai.

Japanese Firms to Build $2.5 billion Qatari Gas Power Plant

Japan's Mitsubishi Corp and Tokyo Electric Power Co (Tepco) said on Monday they had won a contract to build a 300 billion yen ($2.5 billion) gas-fired power plant in Qatar, as Japan steps up investment in infrastructure in Asia.

Romania, Bulgaria to Support New Gas Pipeline

Four ex-communist countries have signed a declaration of support for the construction of a gas pipeline across all four states that will ease dependence on energy coming from Russia.

Oil Trades at near $60 as Number of Active US Rigs Decrease

Oil traded near $60 a barrel as companies in the U.S. reduced the number of active rigs by the slowest pace since a prolonged retreat in drilling that began in December.

US Pushes Pakistan on Shale Gas Extraction

Politics over energy supplies and trade is increasingly influencing relations between nations around the world and Pakistan is no exception.

Norway Overtakes Russia as Western Europe’s Top Gas Supplier

Norway has overtaken Russia as western Europe’s top gas supplier, data from state firms shows, indicating the European Union’s drive to reduce its dependence on Russian energy is bearing fruit.

Oil Sands Production Under Threat from Forest Fire

Cenovus Energy Inc has evacuated about 1,800 workers and shut down production at its Foster Creek oil sands site in Alberta as a precaution because of a nearby forest fire, the company said.

Iran Triple PetroChem Projects to Feed Polyethylene Pipelines

Iran is planning to bring three new petrochemical plants on-stream before the end of the current Iranian calendar year (ends March 20, 2016), an official says.

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